$ETH
Breaking News!
The Radiant Capital hacker doubled their assets in 10 months after stealing tokens.
In the past two days, they cashed out 9,631 ETH!
On August 14th, on-chain data analyst Yu Jin detected a startling scene: the Radiant Capital hacker dumped 4,326 ETH in a single hour, cashing in 20.475 million DAI!
This maneuver was foreshadowed—since the day before yesterday, the hacker had sold a total of 9,631 ETH, cashing out 43.937 million DAI, at an average price of $4,562!
Even more outrageous, the hacker currently holds 12,326 ETH and 43.937 million DAI, bringing their total assets to $102 million! Consider that when he stole Radiant Capital last October, these assets were worth only $53 million!
This surge in the value of stolen funds is comparable to a money printing machine! What sophisticated tactics did the hacker employ? How did they double their stolen assets in just 10 months? More importantly, will he continue to sell? Will this cause a major market shock? Let's keep an eye on it!
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